The Fed may have to get even more aggressive if its efforts to tighten aren't reflected in short-term rates, he said.» Read More
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
First quarter economic growth in Russia slowed and Moscow's economy minister is attributing it to uncertainty over the Ukraine crisis.
China's latest reading on growth has sparked a disagreement between two investment titans viewed as authorities on the world's second-largest economy.
China's first quarter GDP numbers have quelled the worst fears of a hard landing, with economists forecasting a growth pickup over the coming months.
U.S. consumer prices rose in March but inflation remained generally benign, which should give the Fed scope to keep interest rates low.
Confidence among home builders in the market for new, single-family homes remained in a holding pattern in April, ticking up just one point.
U.S. business inventories rose a bit less than expected as sales rebounded, suggesting a slow pace of restocking could weigh on economic growth in the first quarter.
U.S. retail sales recorded their largest gain in 1-1/2 years in March, the latest sign the economy was emerging from a freezing winter.
U.S. consumer sentiment rose in April to its highest in nine months as both current conditions and expectations brightened, a survey released on Friday showed.
U.S. producer prices recorded their largest increase in nine months in March as food and services costs spiked.
The bond market does not appear to setting off major alarm bells, David Joy, chief market strategist of Ameriprise Financial, told CNBC on Friday.
The number new jobless claims plunged to their lowest in nearly 7 years, which may bolster hopes of a growth surge after a cold winter.
Russia's central bank has confirmed that some $64 billion in assets held by Russians headed for the exits in the first quarter.
Treasury Secretary Jack Lew told CNBC that the U.S. is leading the global economic recovery, despite still having "a lot of work to do."
The rate at which Americans are starting new businesses declined last year, suggesting more are finding jobs instead, according to Kauffman data.
U.S. wholesale inventories rose at a slower pace in February than in the prior month, data showed on Tuesday.
Detroit has reached a settlement with bond insurers over treatment of the city's bankruptcy debt, emergency manager Kevyn Orr told CNBC.
The volume of mortgage applications fell last week despite a steady average rate on the commonly used 30-year fixed mortgage.
The Fed is allowing the economy to waste rosources by letting inflation stay too low and unemployment too high, a top official says.
The company said Tuesday it will open 50 more wholesale stores in India over the next four to five years, adding to 20 it already operates.